U.S. China Business Connections (UCBC) headquartered in Minneapolis and the China Council for the Promotion of International Trade, representing the city of Beijing, signed an agreement for mutual benefit to advance trade and economic cooperation, effective December 8, 2009.
“We are pleased to have begun this link with China because it will create opportunities for trade partnerships, investment, joint ventures, conferences, and other projects”, said Warren Vollmar, president of UCBC. “The potential opportunities for our Minnesota small and medium-sized businesses to trade and interact with counterparts in China will be immeasurable.”
The city of Minneapolis hosted the delegation from the International trade group from Beijing. Mayor Rybak invited the group when he visited China in early 2009. Meet Minneapolis, the convention and visitor arm of the city, coordinated the process that brought together city representatives, associations affiliated with China, and UCBC. City Council President Barbara Johnson and Council Member Gary Schiff welcomed the delegation at a banquet.
Warren Vollmar signed the agreement with Ms. Xiong Jiuling, chairperson of China Council for the Promotion of International Trade. The parties pledged to:
· Keep close contact on matters of trade, technical transfer and economic cooperation and exchange
· Seek opportunities and partners for trade and investment
· Identify consultancy services
· Organize exchanges and trade missions
· Cooperate on seminars, conferences, exhibitions and displays of new products.
“The activities proposed will help to further mutually beneficial ties between Beijing and Minnesota and can open up new avenues of trade,” said Bill Deef, vice president of International Relations for Meet Minneapolis.
The U.S.-China Business Connections (UCBC) is a non-profit organization based in Minnesota to serve small and mid-sized businesses and organizations, as well as individual entrepreneurs as they develop business ties with China. The group combines educational programming at monthly breakfasts as well as networking opportunities.
Attendees at the banquet on December 8, 2009:
From the Beijing delegation-
Mr. Liu Zhi, Vice Secretary General of Beijing Municipality
Ms. Xiong Jiuling, Chairperson of China Council for the Promotion of International Trade (CCPIT) Beijing
Mr. LI Rongyu, General Manager of Beijing Jingxi Power Co. Ltd.
Ms. Zhou Mingming, General Manager of Beijing Beiao Convention & Exhibition Co., Ltd
Ms. Wu Lanlan, Deputy Director of International Relations Department of CCPIT Beijing Subcouncil